MA Financial Group Reaffirms Their Hold Rating on ABACUS STORAGE KING (ASK)
Confident Investing Starts Here:
Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Day is ranked #7257 out of 9519 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ABACUS STORAGE KING with a A$1.51 average price target.
ASK market cap is currently A$1.97B and has a P/E ratio of 9.59.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Evercore Highlights Amazon (AMZN) Grocery Strategy and Prime Stickiness
Inc. (NASDAQ:AMZN) ranks among the . Evercore ISI highlighted Inc. (NASDAQ:AMZN)'s strategic actions in the grocery industry on August 13, reaffirming its Outperform rating and $280 price target on the company. The firm noted that by strengthening customer engagement through a high-frequency purchase category, Amazon's tighter integration of groceries into the Prime ecosystem raises customer lifetime value and stickiness. Amazon's $25 free delivery threshold, according to Evercore ISI, puts pressure on rivals like Walmart and Instacart to lower their prices. The approach is in line with Amazon's previously declared $4 billion commitment to use the country's current logistics infrastructure to extend its same-day and next-day delivery network to over 4,000 smaller and rural U.S. communities by 2026. According to Evercore's 13th Annual Amazon Survey, Prime Same-Day delivery multiplies the frequency of purchases, the expansion of categories, and the total amount spent by customers on Inc. (NASDAQ:AMZN). The firm refers to this as 'Shipping Elasticity', which suggests that faster shipping results in more frequent and larger purchases. Inc. (NASDAQ:AMZN), is an American multinational technology company that offers a wide range of commercial interests that include digital streaming, online advertising, e-commerce, cloud computing through Amazon Web Services (AWS), and artificial intelligence. While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business Insider
4 hours ago
- Business Insider
President Trump Has Bought More Than $100 Million of Bonds This Year
U.S. President Donald Trump has bought more than $100 million worth of bonds since returning to the White House in January of this year. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The U.S. Office of Government Ethics has released a new report that shows President Trump made 690 transactions in financial markets since returning to power at the start of this year. The transactions include buying bonds, or debt, issued by local governments and U.S. corporations. In all, it appears that President Trump has personally bought bonds totaling more than $100 million. By law, the U.S. president must disclose 'reportable transactions' to the Office of Government Ethics. There are efforts within the U.S. Congress to prevent elected officials from transacting in the stock and bond market, which critics say amounts to self-dealing among politicians. Lots of Bonds The latest disclosure reveals that President Trump has bought bonds sold by a wide variety of entities, including U.S. municipal governments, as well as gas and water utilities, hospitals, and school boards. The president has also bought debt issued by a number of public companies, including T-Mobile (TMUS), UnitedHealth Group (UNH), and Home Depot (HD). President Trump also recently bought debt issued by technology giant Meta Platforms (META) worth as much as $500,000. Companies and governments issue bonds to raise capital to carry out projects, fuel their growth, refinance existing debt, and secure their financial stability. Investors who purchase the bonds, such as President Trump, receive interest payments over a set period of time. Vanguard Total Bond Market ETF Let's take a look at demand for U.S. bonds through a popular exchange-traded fund (ETF) that tracks the debt market. As one can see in the chart below, the Vanguard Total Bond Market ETF (BND) has risen 4% so far in 2025.
Business Insider
5 hours ago
- Business Insider
UBS downgrades James Hardie (JHIUF) to a Hold
UBS analyst Nathan Reilly downgraded James Hardie to a Hold today and set a price target of A$36.00. The company's shares closed last Wednesday at $27.36. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Reilly is a 4-star analyst with an average return of 9.4% and a 64.66% success rate. Reilly covers the Industrials sector, focusing on stocks such as ALS, Seven Group Holdings Limited, and Monadelphous Group Limited. In addition to UBS, James Hardie also received a Hold from Citi's Samuel Seow in a report issued on August 19. However, today, Macquarie maintained a Buy rating on James Hardie (Other OTC: JHIUF). Based on James Hardie's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $971.5 million and a net profit of $43.6 million. In comparison, last year the company earned a revenue of $1 billion and had a net profit of $55.6 million Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JHIUF in relation to earlier this year.
